3936 NW 40th Ter, Cape Coral, FL 33993 - Photo 1

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$80,000

For Sale
Active
Acreage
0.3 Acres

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Property Description

Highly desirable waterfront southern exposure .30 acre level lot with brand new seawall. Ready for your new home or as an investment in wonderful NW Cape Coral neighborhood. This is a non-HOA community. Located less than 1 mile from the new Crystal Lake Park and Charlotte Harbor Preserve. Nearly one half mile freshwater waterfront view. Ten minutes to Burnt Store Marina, Burnt Store Public boat ramp, Sirenia Vista Park, Publix, Walgreens, restaurants, gas stations and two golf courses. Less than one mile from Charlotte Harbor Preserve State Park North Cape Flats Trail, which puts you in Charlotte Harbor waters. Silt fence in photos is smaller than actual property boundary. The new seawall built in 2023 and no protected species on the property saves you tens of thousands of dollars, time, and effort. Cleared level lot with new seawall ready to break ground today for your dream home! Buyer to perform best-use due diligence.

Full Property Details

Full Property Details for 3936 NW 40th Terrace

General

Price: $80,000
Taxes: (2024)
Status: Active
Type: Acreage
Source: Bonita_Springs
MLS ID: 226002407
Updated: 1/26/2026
Added to Site: 48 day(s) ago

Additional Information

Shared Amenities: No Subdivision

Location

Area: CC43 - Cape Coral Unit 58, 59-61, 76,
County: Lee
Subdivision: CAPE CORAL
Building Name: CAPE CORAL
Driving Directions: Drive northeast on Pine Island Road NW/CR 78. Left to CR 765/Burnt Store Road South. Keep right to stay on CR 765/Burnt Store Road North. Take the exit on the left. Left to Kismet Parkway West.
Direction Faces: North

Community

Assoc. Fees Include: None
Management Type: None

Utilities

Sewer: None
Water: None
Utility Description: Electricity Available

Structural Information

Description/Design: Acreage
Current Bldg. Use: Single Family

Lot Features

Property View: Canal, Intersecting Canal, Water
Lot Size (Acres): 0.3
Lot Size (Sq. Ft.): 13,068
Lot Size Source: Survey
Lot Dimensions: 170 x 40 x 142 x 139
Frontage: Public Road
Frontage Feet: 170
Street/Road Desc.: Paved
Road Maintenance: City Maintained
Irrigation System: None
Lot Features: Oversize
Zoning: R1
Lot Description: Oversize

Water Features

Water Front: Yes
Water Front Desc.: Canal Front, Intersecting Canal, Seawall
Canal Width: Canal Width 81-120

Financial Considerations

Price Per Acre: $266,666
Tax Year: 2024
Terms: Cash, None/Other

Disclosures and Reports

Legal Description: CAPE CORAL UNIT 91 BLK 5492 PB 89 PG 92 LOT 14
Property ID: 18-43-23-C4-05492.0140
Section: 18
Block: 5492

Listed by Beycome of Florida LLC

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Schools

Schools serving 3936 NW 40th Terrace

School District:Lee County School District, Fort Myers, FL

Name	Grades	Distance
Hector A. Cafferata Jr Elementary School 250 Santa Barbara Boulevard North, Cape Coral, FL 33993	K-5	7.1 mi
Trafalgar Elementary School 1850 Southwest 20th Avenue, Cape Coral, FL 33991	K-5	8.2 mi
Patriot Elementary School 711 Southwest 18th Street, Cape Coral, FL 33991	K-5	8.7 mi
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993	6-8	5.7 mi
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991	6-8	8.6 mi
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993	9-12	5.5 mi
Island Coast High School 2125 De Navarra Parkway, Cape Coral, FL 33909	9-12	7.7 mi
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991	9-12	9.7 mi
Skyline Elementary School 620 Southwest 19th Street, Cape Coral, FL 33991	K-5	9 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3936 NW 40th Terrace Get Price Alerts and Save Property

Date

Details

Price

Change

Source

1/26/2026

Price Reduced

$80,000

-5.88%

MLS

1/15/2026

Listed

$85,000

157.58%

MLS

12/07/2021

Sold

$33,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 3936 NW 40th Terrace

Year

Property Taxes

Change

Tax Assessment

Change

2025

$313

-71%

$20,349

-47%

2024

$1,097

-2%

$38,658

-32%

2023

$1,123

84%

$57,268

355%

2021

$610

-29%

$12,600

-54%

2022

$855

40%

$27,405

149%

2021

$610

18%

$11,025

23%

2018

$517

$8,929

-5%

2017

$474

$9,448

-5%

2016

$445

-16%

$9,975

2019

$527

25%

$9,822

-15%

2015

$423

18%

$11,550

10%

2014

$358

40%

$10,500

78%

2013

$256

—

$5,900

—

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Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 3936 NW 40th Terrace

3936 NW 40th Ter, Cape Coral, FL 33993 (MLS# 226002407) is a Acreage property with a lot size of 0.3 acres. 3936 NW 40th Ter is currently listed for $80,000 and was received on January 15, 2026. Want to learn more about 3936 NW 40th Ter? Do you have questions about finding other Acreage real estate for sale in Cape Coral? You can browse all Cape Coral real estate or contact a Coldwell Banker agent to request more information.

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3936 NW 40th Terrace Cape Coral, FL 33993